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Progress Software (PRGS) Competitors

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$39.33 +1.05 (+2.74%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$38.75 -0.58 (-1.47%)
As of 10/9/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

PRGS vs. VRNS, DLB, BB, TENB, and ADEA

Should you buy Progress Software stock or one of its competitors? Progress Software's main competitors and comparable companies include Varonis Systems (VRNS), Dolby Laboratories (DLB), BlackBerry (BB), Tenable (TENB), and Adeia (ADEA). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "systems software" industry.

How does Progress Software compare to Varonis Systems?

Varonis Systems (NASDAQ:VRNS) and Progress Software (NASDAQ:PRGS) are both technology companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, valuation, institutional ownership, media sentiment, risk, profitability, dividends and analyst recommendations.

In the previous week, Progress Software had 7 more articles in the media than Varonis Systems. MarketBeat recorded 12 mentions for Progress Software and 5 mentions for Varonis Systems. Progress Software's average media sentiment score of 0.92 beat Varonis Systems' score of 0.42 indicating that Progress Software is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Varonis Systems
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Progress Software
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Varonis Systems has a beta of 0.77, indicating that its share price is 23% less volatile than the broader market. Comparatively, Progress Software has a beta of 0.89, indicating that its share price is 11% less volatile than the broader market.

Varonis Systems currently has a consensus target price of $49.79, suggesting a potential downside of 0.66%. Progress Software has a consensus target price of $52.17, suggesting a potential upside of 32.64%. Given Progress Software's stronger consensus rating and higher possible upside, analysts clearly believe Progress Software is more favorable than Varonis Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Varonis Systems
1 Sell rating(s)
7 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.63
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88

Progress Software has a net margin of 9.24% compared to Varonis Systems' net margin of -20.55%. Progress Software's return on equity of 42.91% beat Varonis Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Varonis Systems-20.55% -19.18% -5.97%
Progress Software 9.24%42.91%9.09%

95.7% of Varonis Systems shares are owned by institutional investors. 3.0% of Varonis Systems shares are owned by insiders. Comparatively, 4.1% of Progress Software shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Progress Software has higher revenue and earnings than Varonis Systems. Varonis Systems is trading at a lower price-to-earnings ratio than Progress Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Varonis Systems$623.53M9.23-$129.32M-$1.23N/A
Progress Software$999.94M1.61$73.13M$2.1718.12

Summary

Progress Software beats Varonis Systems on 14 of the 17 factors compared between the two stocks.

How does Progress Software compare to Dolby Laboratories?

Progress Software (NASDAQ:PRGS) and Dolby Laboratories (NYSE:DLB) are both technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, valuation, media sentiment, dividends, risk, profitability and institutional ownership.

Dolby Laboratories has a net margin of 16.70% compared to Progress Software's net margin of 9.24%. Progress Software's return on equity of 42.91% beat Dolby Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software9.24% 42.91% 9.09%
Dolby Laboratories 16.70%11.08%9.04%

Progress Software pays an annual dividend of $0.70 per share and has a dividend yield of 1.8%. Dolby Laboratories pays an annual dividend of $1.44 per share and has a dividend yield of 2.4%. Progress Software pays out 32.3% of its earnings in the form of a dividend. Dolby Laboratories pays out 61.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Dolby Laboratories has raised its dividend for 10 consecutive years. Dolby Laboratories is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Progress Software had 7 more articles in the media than Dolby Laboratories. MarketBeat recorded 12 mentions for Progress Software and 5 mentions for Dolby Laboratories. Progress Software's average media sentiment score of 0.92 beat Dolby Laboratories' score of 0.02 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Dolby Laboratories
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Progress Software has a beta of 0.89, suggesting that its share price is 11% less volatile than the broader market. Comparatively, Dolby Laboratories has a beta of 0.78, suggesting that its share price is 22% less volatile than the broader market.

Dolby Laboratories has higher revenue and earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Dolby Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$999.94M1.61$73.13M$2.1718.12
Dolby Laboratories$1.35B4.08$255.02M$2.3525.02

58.6% of Dolby Laboratories shares are held by institutional investors. 4.1% of Progress Software shares are held by insiders. Comparatively, 37.9% of Dolby Laboratories shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Progress Software presently has a consensus price target of $52.17, indicating a potential upside of 32.64%. Dolby Laboratories has a consensus price target of $87.50, indicating a potential upside of 48.81%. Given Dolby Laboratories' higher possible upside, analysts clearly believe Dolby Laboratories is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
Dolby Laboratories
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Dolby Laboratories beats Progress Software on 11 of the 20 factors compared between the two stocks.

How does Progress Software compare to BlackBerry?

Progress Software (NASDAQ:PRGS) and BlackBerry (NYSE:BB) are both technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, earnings, dividends, institutional ownership, media sentiment, profitability and analyst recommendations.

BlackBerry has a net margin of 13.09% compared to Progress Software's net margin of 9.24%. Progress Software's return on equity of 42.91% beat BlackBerry's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software9.24% 42.91% 9.09%
BlackBerry 13.09%13.71%8.36%

Progress Software has a beta of 0.89, suggesting that its share price is 11% less volatile than the broader market. Comparatively, BlackBerry has a beta of 2.2, suggesting that its share price is 120% more volatile than the broader market.

54.5% of BlackBerry shares are owned by institutional investors. 4.1% of Progress Software shares are owned by company insiders. Comparatively, 0.5% of BlackBerry shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Progress Software has higher revenue and earnings than BlackBerry. Progress Software is trading at a lower price-to-earnings ratio than BlackBerry, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$999.94M1.61$73.13M$2.1718.12
BlackBerry$549.10M9.51$53.20M$0.1274.16

In the previous week, BlackBerry had 1 more articles in the media than Progress Software. MarketBeat recorded 13 mentions for BlackBerry and 12 mentions for Progress Software. Progress Software's average media sentiment score of 0.92 beat BlackBerry's score of -0.53 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackBerry
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Negative

Progress Software currently has a consensus price target of $52.17, suggesting a potential upside of 32.64%. BlackBerry has a consensus price target of $9.86, suggesting a potential upside of 10.77%. Given Progress Software's stronger consensus rating and higher possible upside, research analysts plainly believe Progress Software is more favorable than BlackBerry.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
BlackBerry
0 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.22

Summary

Progress Software beats BlackBerry on 11 of the 17 factors compared between the two stocks.

How does Progress Software compare to Tenable?

Progress Software (NASDAQ:PRGS) and Tenable (NASDAQ:TENB) are both technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, profitability, institutional ownership, risk, dividends and earnings.

89.1% of Tenable shares are owned by institutional investors. 4.1% of Progress Software shares are owned by company insiders. Comparatively, 1.7% of Tenable shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Progress Software has a beta of 0.89, indicating that its stock price is 11% less volatile than the broader market. Comparatively, Tenable has a beta of 1.01, indicating that its stock price is 1% more volatile than the broader market.

In the previous week, Progress Software had 7 more articles in the media than Tenable. MarketBeat recorded 12 mentions for Progress Software and 5 mentions for Tenable. Progress Software's average media sentiment score of 0.92 beat Tenable's score of 0.26 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tenable
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Progress Software currently has a consensus target price of $52.17, suggesting a potential upside of 32.64%. Tenable has a consensus target price of $34.68, suggesting a potential downside of 16.60%. Given Progress Software's stronger consensus rating and higher probable upside, research analysts clearly believe Progress Software is more favorable than Tenable.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
Tenable
1 Sell rating(s)
12 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.30

Progress Software has higher revenue and earnings than Tenable. Progress Software is trading at a lower price-to-earnings ratio than Tenable, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$999.94M1.61$73.13M$2.1718.12
Tenable$999.41M4.58-$36.12M$0.05831.80

Progress Software has a net margin of 9.24% compared to Tenable's net margin of 0.65%. Progress Software's return on equity of 42.91% beat Tenable's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software9.24% 42.91% 9.09%
Tenable 0.65%14.90%2.52%

Summary

Progress Software beats Tenable on 12 of the 17 factors compared between the two stocks.

How does Progress Software compare to Adeia?

Progress Software (NASDAQ:PRGS) and Adeia (NASDAQ:ADEA) are both technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, risk, valuation, media sentiment, analyst recommendations, profitability, institutional ownership and earnings.

Progress Software has a beta of 0.89, suggesting that its share price is 11% less volatile than the broader market. Comparatively, Adeia has a beta of 1.35, suggesting that its share price is 35% more volatile than the broader market.

Progress Software pays an annual dividend of $0.70 per share and has a dividend yield of 1.8%. Adeia pays an annual dividend of $0.20 per share and has a dividend yield of 0.8%. Progress Software pays out 32.3% of its earnings in the form of a dividend. Adeia pays out 18.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Adeia has lower revenue, but higher earnings than Progress Software. Progress Software is trading at a lower price-to-earnings ratio than Adeia, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Progress Software$999.94M1.61$73.13M$2.1718.12
Adeia$470.87M5.60$111.07M$1.0822.12

Progress Software presently has a consensus price target of $52.17, indicating a potential upside of 32.64%. Adeia has a consensus price target of $37.60, indicating a potential upside of 57.39%. Given Adeia's higher probable upside, analysts plainly believe Adeia is more favorable than Progress Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Progress Software
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.88
Adeia
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

In the previous week, Progress Software had 5 more articles in the media than Adeia. MarketBeat recorded 12 mentions for Progress Software and 7 mentions for Adeia. Progress Software's average media sentiment score of 0.92 beat Adeia's score of 0.10 indicating that Progress Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Progress Software
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Adeia
0 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

97.4% of Adeia shares are owned by institutional investors. 4.1% of Progress Software shares are owned by insiders. Comparatively, 2.0% of Adeia shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Adeia has a net margin of 26.05% compared to Progress Software's net margin of 9.24%. Progress Software's return on equity of 42.91% beat Adeia's return on equity.

Company Net Margins Return on Equity Return on Assets
Progress Software9.24% 42.91% 9.09%
Adeia 26.05%39.26%17.50%

Summary

Progress Software beats Adeia on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PRGS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PRGS vs. The Competition

MetricProgress SoftwareSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$1.61B$16.87B$31.66B$13.30B
Dividend YieldN/A3.43%2.76%22.58%
P/E Ratio18.12145.4981.3626.14
Price / Sales1.641,277.95586.5687.95
Price / Cash4.6947.5650.7553.71
Price / Book3.039.038.156.33
Net Income$73.13M$431.49M$768.68M$382.15M
7 Day Performance6.59%-0.15%-0.89%-1.40%
1 Month Performance-3.15%0.98%0.78%-3.47%
1 Year Performance-11.91%1.91%170.86%1.18%

Progress Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRGS
Progress Software
4.5577 of 5 stars
$39.33
+2.7%
$52.17
+32.6%
-15.3%$1.61B$977.83M18.122,801
VRNS
Varonis Systems
1.9015 of 5 stars
$49.08
+1.9%
$49.79
+1.4%
-20.7%$5.64B$688.10MN/A2,658
DLB
Dolby Laboratories
4.0499 of 5 stars
$58.51
-1.4%
$87.50
+49.5%
-16.1%$5.56B$1.35B24.902,051
BB
BlackBerry
2.0849 of 5 stars
$9.60
+5.7%
$9.86
+2.7%
+83.7%$5.33B$549.10M79.961,749
TENB
Tenable
2.1204 of 5 stars
$39.47
+2.5%
$34.68
-12.1%
+40.5%$4.24B$999.41M789.561,995

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This page (NASDAQ:PRGS) was last updated on 10/10/2026 by MarketBeat.com Staff.
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